For decades, campaign finance reform has been an on-going topic of discussion. In particular, the Bipartisan Campaign Reform Act of 2002 (BCRA) was heralded as a major breakthrough in controlling the flow of money into campaigns. Almost immediately, political players found other ways to financially manipulate the new laws. Campaign Finance Reform: The Political Shell Game provides an in-depth look at the history of political campaign finance reform with special emphasis on legislative, FEC, and federal court actions from the 1970s to present. In particular, the authors examine the ways that campaigns and independent groups have sought to make end-runs around existing campaign finance rules. Oftentimes the loopholes they find make a significant impact on an election, sparking the next round of campaign finance reform. New rules are then enacted, and new loopholes are found. Like a big political shell game, the amount of money in politics never actually decreases, but instead gets moved around from one organization to another.

Is campaign finance reform dead or alive? Can Congress really fix the problems that American voters perceive in their electoral system? This book assumes that voters are the end users of campaign finance reform, and it questions whether average citizens really know what they are asking for or what they may get when they demand change. In this book, ten prominent political scientists and commentators challenge the conventional wisdom about the role of money in campaigns and elections. They look at the level of campaign spending in recent times, the judicial perspective on spending as a First Amendment right, the current diversity of donors, the media spin on the subject, and the act of contributing as a form of political participation. The inimitable Norm Ornstein wraps it all up with a model reform proposal that is at once more moderate than McCain-Feingold and yet radical in its own way. Published under the auspices of Berkeley Public Policy Press."